Japan’s international trade activity continued to slide in July with a 20.8% year over year drop in imports and exports combined. Exports fell by 19.2% in local currency terms and by 17.8% in dollars, making Japan the worst performer among the nine Asian countries that have reported data for July so far. A slide in demand for capital goods has been a major driver. The largest declines in terms of value were exports of power generating and materials handling equipment which fell by 20.7% and 32.5% respectively. In the longer-term the Abe administration has set aside $2 billion to attract ...
Supply Chain Research
Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.